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$2,250,000
Est. payment /mo
5,450 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,450 sqft
Price per Sqft $412
MLS Listing ID A12058052
HOA Y/N No
Year Built 1954
Lot Size 6,500 Sqft
Property Sub-Type Multi Family
Property Description
535 73rd Street is an 8-unit multifamily property located in the heart of North Beach, Miami Beach, consisting of eight oversized 1-bedroom/1-bath units. The property has been extensively renovated with open-concept kitchens, real hardwood flooring, full hurricane impact windows and doors, and a new roof installed in 2023, while also featuring a private garden, gated keypad entry, and on-site laundry. With a history of 100% occupancy and collections, long-term credit-checked tenants, and on-site management, the asset provides stable in-place cash flow and efficient operations. Positioned just steps from the beach and approximately 20 minutes from Downtown Miami, with convenient access to major transportation corridors, shopping, dining, and entertainment, the property represents an exceptional investment opportunity in one of South Florida's strongest rental markets.
Location
State FL
County Miami-dade
Area 32
Interior
Heating Window Unit, Wall Furnace
Cooling Wall/Window Unit(s)
Window Features Impact Glass
Exterior
Private Pool Yes
Building
Sewer Public Sewer
Water Public
Others
Tax ID 02-32-02-003-0881
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Listed by Fausto Commercial Realty Consultants Inc
NEARBY SCHOOL & BUSINESS
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